CPI Aerostructures Inc. (NYSEAMERICAN: CVU) shares leapt 17.52% in after-hours trading on Tuesday to $3.69.
Have a look at the present cost of CVU stock here.
New CFO Declared
According to a Securities and Exchange Commission filing, CPI Aerostructures selected Robert Mannix as Chief Financial Officer and Secretary on Tuesday.
Mannix functioned as Executive Vice President, Chief Accounting Officer, and Head of Tax and Treasury at West Innovation Group LLC, a cloud-based innovation business, from 2018 to 2025.
He formerly held senior financing functions at Verint Systems Inc. and Motorola Inc., and invested 11 years in Ernst & & Young’s Guarantee and Advisory Solutions Group
See Likewise: Why Did Alpha Tau Medical (DRTS) Shares Dive Over 25% In After-Hours Trading?
Payment Information
Mannix will get $300,000 yearly base pay.
Starting financial 2026, he is qualified for a 40% target perk and 40% long-lasting reward award, both computed on base pay and payable in limited stock with time-based and performance-based vesting.
Mannix prospers Pamela Levesque, who functioned as Interim CFO and Secretary.
Trading Metrics
The stock is down 27.15% year to date and traded 7.53% greater over the previous 6 months.
The New York-based airplane element producer has a market capitalization of $41.40 million, with a yearly series of $2.02 to $5.85.
Benzinga’s Edge Stock Rankings suggest that CVU is experiencing long-lasting combination together with medium- and short-term upward motion. Know how its momentum lines up with other widely known names.
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